“It is possible now (after the new governor takes charge) that a bit more flexibility is allowed in currency fluctuations going forward, as compared to the relatively tighter leash seen over the last one year and more,” said Sonal Varma, chief economist, India and Asia ex-Japan, Nomura.
How will higher anchor investor allocation impact lower rated bond market?
The capital markets regulator has introduced a credit-rating based quota for allocating limits for anchor investors, according to a circular issued on Friday. Earlier, the